The Cointelegraph Press Review

Cointelegraph.com News

• Bitcoin treasury firms enter a ‘Darwinian phase’ as premiums collapse: Galaxy
  Bitcoin treasury firms are entering a “Darwinian phase” as equity premiums collapse, leverage turns into downside and DAT stocks flip to discounts, Galaxy warns. Bitcoin treasury companies are entering a “Darwinian phase” as the core mechanics of their once-booming business model break down, according to a new analysis from Galaxy Research. The report said that […]
• 2,000 Bitcoin on the move: Rare Casascius coins awaken after 13 years
  The physical Bitcoin collectibles were minted when Bitcoin was trading for just $3.88 and $11.69 each, marking a massive potential return. Two long-dormant Casascius coins — each backed by 1,000 Bitcoin — have just been activated as of Friday, unlocking more than $179 million stashed away for more than 13 years. Onchain data indicates that one […]
• Strive calls on MSCI to rethink its ‘unworkable’ Bitcoin blacklist
  Strive CEO Matt Cole has urged the MSCI to “let the market decide” whether they want to include Bitcoin-holding companies in their passive investments. Nasdaq-listed Strive, the 14th-largest publicly-listed Bitcoin treasury firm, has urged MSCI to reconsider its proposed exclusion of major Bitcoin holding companies from its indexes. In a letter to MSCI’s chairman and CEO, […]
• Strategy raised $1.44B to dispel ‘FUD’ amid a crypto down cycle: CEO
  Strategy CEO Phong Le said his firm raised 21 months of dividend runway in just eight days to head off investor unease. Strategy CEO Phong Le said part of the reason for establishing a $1.44 billion USD reserve was to alleviate investor concerns over the company’s health amid a Bitcoin slump. “We’re very much are a […]
• Here’s what happened in crypto today
  Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto: Strategy’s Phong Le addresses why his firm raised a $1.44 billion USD reserve earlier this week, Polish lawmakers fell short of the votes needed […]
• Three Binance Bitcoin charts point to the direction of BTC’s next big move
  Data from Binance points to shifting liquidity patterns and unique trader positioning that could influence the direction of Bitcoin’s next price move. Bitcoin’s (BTC) short-term trend may hinge on developments unfolding inside Binance’s order flow and onchain activity. Three Binance-linked metrics indicated rising sell-side pressure, shifting liquidity behavior and a market preparing for volatility, factors […]
• Tether solvency fears are ‘misplaced’ as company sits on large surplus: CoinShares
  James Butterfill counters claims about Tether’s solvency, pointing to a multibillion-dollar surplus despite new criticism from Arthur Hayes and S&P Global. Concerns about stablecoin issuer Tether’s financial stability resurfaced this week after BitMEX founder Arthur Hayes warned the company could face serious trouble if the value of its reserve assets were to fall. But CoinShares’ […]